The currency pair Floki/Tether (FLOKI/USDT) goes from the bullish trendline downwards
A bearish trend downwards to the next support level at 0.000174490 is considered certain.
Caution: A possible reversal of the trend in the direction of the resistance level at 0.000181100 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Additionally a ‘Bearish Engulfing’ candlestick chart pattern is existing. The candles show ‘Bearish Engulfing’. this is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bearish Engulfing’ heading down is 79%.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.000184560 |
2nd High | 0.000182670 |
Next High | 0.000181100 |
Current Price | 0.000175530 |
Next Low | 0.000174490 |
2nd Low | 0.000173630 |
3rd Low | 0.000172780 |
Download FLOKI/USDT Signal Image
Trading Signals: CRYPTO – FLOKI – FLOKI/USDT – USDT – Bearish Engulfing